Solana Beach, CA – November 15th, 2024 – Capstone acquired the Beachwalk Shopping Center in San Diego County for $32.1 million and plans to shift the tenant roster to include a focus on health and wellness.

The eight-building, 55,580-square-foot-center was acquired from GEM Realty Capital, which purchased the center in April 2017. The center, located in the Solana Beach area, an affluent beach community on the Pacific Coast Highway, has a retail mix of retail, restaurants and medical and creative office space. Retail installations in Solana include a mix of home decor, art, fashion, and food and beverage options. New tenants Pure Infrared Sauna and Lana Restaurant are currently under construction and will be among the first of many new businesses slated to open soon. Read Full Feature